Sep 30, 2022

SSR Mining Q3 2022 Earnings Report

SSR Mining's financial results for Q3 2022 were reported, with attributable net loss of $25.8 million, or $0.12 per diluted share, and adjusted attributable net loss of $13.5 million, or $0.07 per diluted share.

Key Takeaways

SSR Mining reported a net loss of $25.8 million, or $0.12 per diluted share, and an adjusted net loss of $13.5 million, or $0.07 per diluted share, for the third quarter of 2022. The company produced 106,919 gold equivalent ounces and returned nearly $100 million to shareholders through dividends and share repurchases. Full year production guidance has been revised to 620,000 to 655,000 gold equivalent ounces.

Attributable & Adjusted Attributable Third Quarter Diluted EPS of $(0.12) and $(0.07) per share, respectively

Quarterly Production of 106,919 Gold Equivalent Ounces

Restarted ҪӦPLER Operations in the Third Quarter; Ramp-Up Progressing Smoothly

Closed the Sale of the Pitarrilla Project in Mexico

Total Revenue
$167M
Previous year: $323M
-48.4%
EPS
-$0.07
Previous year: $0.4
-117.5%
Gold Equivalent Produced
106.92K
AISC per AuEq Ounce
$1.9K
Gross Profit
$38.6M
Previous year: $122M
-68.4%
Cash and Equivalents
$748M
Previous year: $863M
-13.3%
Free Cash Flow
-$92.1M
Previous year: $125M
-173.4%
Total Assets
$5B
Previous year: $5.11B
-2.2%

SSR Mining

SSR Mining

Forward Guidance

SSR Mining has revised its full year production guidance to 620,000 to 655,000 gold equivalent ounces, with increased production costs of $960 to $990 per ounce and AISC of $1,315 to $1,345 per gold equivalent ounce.